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1205 3RD AVENUE, Prince George | $999,000

Rarely will you find such a location and renovation at such an attainable price point. This fully-renovated mixed-use building is located at the corner of 3rd Avenue and Dominion St in the heart of Prince George. The entire building was renovated in 2016/17. Everything has been updated - electrical, mechanical, roof, windows, and interiors. A brand new fire panel was installed in 2022. As a result, the asset is in exceptionally good condition and will provide stable income for decades. Cap rate is 5%. Commercial tenants are stable with long term leases. Prince George is a growing regional centre with a diverse economy including health care, retail, manufacturing, construction, natural gas, mining, forestry, education and so much more.

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Description

Rarely will you find such a location and renovation at such an attainable price point. This fully-renovated mixed-use building is located at the corner of 3rd Avenue and Dominion St in the heart of Prince George. The entire building was renovated in 2016/17. Everything has been updated - electrical, mechanical, roof, windows, and interiors. A brand new fire panel was installed in 2022. As a result, the asset is in exceptionally good condition and will provide stable income for decades. Cap rate is 5%. Commercial tenants are stable with long term leases. Prince George is a growing regional centre with a diverse economy including health care, retail, manufacturing, construction, natural gas, mining, forestry, education and so much more.

General Info

MLS Listing ID: C8080168 Bedrooms: 0 Bathrooms: 0 Year Built: 1948
Parking: N/A Heating: N/A Lotsize: 0.7 ac Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: Security system Basement: N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .